Homeowners Associations

 

We provide accounting and bookkeeping services to condominiums and homeowner associations (HOAs).  Our services and reports are specially designed to satisfy your association's legal requirements and provide your managers and directors with the tools that they need to do their jobs confidently and effectively.

 

We offer the following accounting and financial reporting services on a monthly, quarterly or annual basis for homeowners and condominium associations:

 

Accounting and Financial Reporting Services

  • compilation, review, and audit of financial statements
  • prepare adjusting journal entries
  • prepare and update depreciation schedules
  • prepare closing entries
  • prepare cash receipts, cash disbursements journals
  • prepare general ledger detailing all activity by account
  • prepare annual budgets
  • prepare calculation of reserves and deferred maintenance
  • oversight and review of bookkeeping and payroll services
  • implementation and improvement of accounting system
  • tax planning, tax advisory, and return preparation

 

In addition, we offer the following outsourcing services for bookkeeping at a cost substantially less than hiring a full- or part-time employee

 

Bookkeeping Services

  • account coding of checks and input into accounting system
  • reconciliation of bank accounts
  • check writing for invoices that have been approved for payment
  • calculation and recording of payroll
  • billing and accounts receivable

 

For all of you accounting, financial reporting and bookkeeping needs, contact us today.

Our services and reports are specially designed to satisfy your association's legal requirements and provide your managers and directors with the tools that they need to do their jobs confidently and effectively.

 

-Rebecca McDonald,

CPA,

Account Manager